SoftBank Group Corp. reported first-quarter 2026 results with sales rising to ¥2,019.59 billion while net income eased to ¥347.33 billion, and disclosed a new stake in Capital One alongside the sale of 71.5% of its Taiwan Semiconductor Manufacturing holding. The higher revenue but lower per-share earnings, combined with a sharp portfolio shift toward U.S. financials and away from a major semiconductor holding, gives investors fresh insight into how SoftBank is reshaping its earnings mix and investment risk profile. The move out of Taiwan Semiconductor and into a U.S. bank does not clearly change the near-term AI monetization catalyst, but it underlines the key risk around portfolio concentration and execution in public markets. SoftBank's narrative projects ¥9570.6 billion revenue and ¥741.9 billion earnings by 2029, requiring 7.1% yearly revenue growth and an earnings decrease of approximately ¥4241.7 billion from ¥4983.6 billion.
SoftBank Group Corp.Q1 results show higher revenue but lower EPS, and portfolio shift to financials from TSMC.
Capital One Financial CorporationSoftBank disclosed a new stake in Capital One, indicating investment interest.
Taiwan Semiconductor Manufacturing Co. Ltd.SoftBank sold 71.5% of its TSMC holding, reducing exposure.
